Stegra Boden steel plant

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Stegra Boden steel plant, also known as H2 Green Steel Boden steel plant, is a steel plant in Boden, Norrbotten, Sweden that operates direct reduced iron (DRI) and electric arc furnace (EAF) technology.

Location

The map below shows the approximate location of the plant in Boden, Norrbotten, Sweden:

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  • Location: Boden Industrial Park, Boden, Norrbotten, Sweden
  • Coordinates (WGS 84): 65.805389, 21.75914 (approximate)

Background

As of January 2024, H2 Green Steel had secured around €6.5 billion in total financing, including €3.5 billion in senior debt and up to €600 million in junior debt, alongside close to €300 million in equity. This funding, supported by a diverse consortium of lenders and investors, represents a major step forward in advancing sustainable steel production practices.[1][2]

The European Commission approved a €265 million direct grant for H2 Green Steel as a Swedish measure funded through the Recovery and Resilience Facility. [3]

Low-emissions/green steelmaking

This steel plant is associated with a green steel project tracked in the Green Steel Tracker. Details about the project are included below.

Table 1: Green Steel Project Details

All references for the above data are available in the Green Steel Tracker.
Project 1
Project name Stegra Boden (formerly H2 Green Steel)
Company Stegra (formerly H2 Green Steel)
Company has climate goals? Not applicable for emerging
Location Boden, Sweden
Project website Site
Project scale Full scale
Project status Construction
Year to be online 2025
Technology to be used H-DRI
Technology details Green electricity electrolysis + EAF
Iron production capacity (million tonnes per year) 2
Steel production capacity (million tonnes per year) 5
CO2 capture (million tonnes CO2 per year) Not applicable
Hydrogen generation capacity (MW) 700
Investment size (m USD) 7082.5
Partners IMAS Foundation, Vargas, Scania, InnoEnergy, Altor, Bilstein Group, SMS Group, Exor, Kingspan, FAM, Mercedez-Benz, Marcegaglia
Date of announcement 2021-02-28

Plant Details

Table 2: General Plant Details

Construction date Start date Workforce size Power source Iron ore source
2022-07[4] 2025[5] 1500[4] 800 MW Electrolysis plant onsite, powered by carbon free electricity from Fortum; signed 2 PPAs in 2024, 6 TW from Uniper and and 2.25 from Axpo[6][4][7][8] Rio Tinto’s Iron Ore Company of Canada (IOC) operations[9]

Table 3: Ownership and Parent Company Information

State-owned entity status Parent company Parent company PermID Parent company GEM ID Owner Owner company PermID Owner company GEM ID
Partial BNP Paribas SA; European Investment Bank; ING Groep NV; Kreditanstalt für Wiederaufbau; small shareholder(s); Société Générale SA 8589934326; 8589934159; 4295884647; 4295868960; not applicable; 5000039357 E100002005443; E100000136869; E100002007552; E100000000421; E100001015587; E100002007551 Stegra AB[10] 5090728598 E100002005371

Table 4: Process and Products

Steel product category Steel products Steel sector end users Main production equipment
crude, finished rolled[11] HBI, coil, DRI[11] automotive, building and infrastructure[12][13] DRI; EAF

Table 5: Plant-level Crude Steel Production Capacities (thousand tonnes per annum)

1Please see our Frequently Asked Questions page for an explanation of the different capacity operating statuses.
Capacity operating status1 Electric arc furnace steelmaking capacity Nominal crude steel capacity (total)
announced 2500[14] 2500[14]
construction 2500[14] 2500[14]

Table 6: Plant-level Crude Iron Production Capacities (thousand tonnes per annum)

1Please see our Frequently Asked Questions page for an explanation of the different capacity operating statuses.
Capacity operating status1 Sponge iron/DRI capacity Nominal iron capacity (total)
announced 2100[15][16] 2100[15][16]
construction 2100[16][17] 2100[16][17]

Table 7: Upstream Products Production Capacities (thousand tonnes per annum)

Sinter Pellets
NF NF

Unit Details

Table 8: Direct Reduced Iron Furnace Details

Unit name Status Start date Furnace manufacturer and model Furnace type Current capacity (ttpa)
unknown DRI (1) construction[4][18] 2026[17] Paul Wurth, Midrex Midrex[19][17] shaft furnace[17] 2100[16][17]
unknown DRI (2) announced[14] 2030[20] 2100[16][15]

Table 9: Electric Arc Furnace Details

Unit name Status Start date Furnace manufacturer and model Current capacity (ttpa)
unknown EAF (1) construction[4][18] 2026[20] Paul Wurth 2500[14]
unknown EAF (2) announced[14] 2030 2500[14]

Table 10: Electric Arc Furnace Feedstock Details

Unit name Scrap-based % scrap % DRI % HBI
unknown EAF (1) yes[21] >0[11] >0[11] >0[11]
unknown EAF (2) yes[21] >0[11] >0[11] >0[11]

Articles and Resources

Additional data

To access additional data, including an interactive map of steel power plants, a downloadable dataset, and summary data, please visit the Global Iron and Steel Tracker on the Global Energy Monitor website.

References

  1. "H2 Green Steel Reaches New Funding Milestone". Association for Iron and Steel Technology. 1/22/2024. {{cite web}}: Check date values in: |date= (help)CS1 maint: url-status (link)
  2. "H2 Green Steel raises more than €4 billion in debt financing". H2 Green Steel. 2024-01-22. Retrieved 2024-02-09.
  3. "Press corner". European Commission - European Commission. Retrieved 2024-07-10.
  4. 4.0 4.1 4.2 4.3 4.4 https://web.archive.org/web/20230110143012/https://www.h2greensteel.com/questions-and-answers-about-our-establishment-in-boden. Archived from the original on 2023-01-10. {{cite web}}: Missing or empty |title= (help)
  5. (PDF) https://web.archive.org/web/20230410190908/https://www.oecd.org/industry/ind/latest-developments-in-steelmaking-capacity-2022.pdf (PDF). {{cite web}}: Check |archive-url= value (help); Missing or empty |title= (help)
  6. "Stegra agrees two deals for power supply for its 700MW green hydrogen-based steel project". hydrogeninsight.com. 2024-11-27. Archived from the original on 2024-12-12. Retrieved 2024-12-11.
  7. https://web.archive.org/web/20240905155838/https://www.steelorbis.com/steel-news/latest-news/fortum-to-supply-carbon-free-electricity-to-h2-green-steel-in-sweden-1285273.htm. Archived from the original on 2024-09-05. {{cite web}}: Missing or empty |title= (help)
  8. https://web.archive.org/web/20240111045553/https://www.midrex.com/tech-article/h2-green-steel-story-the-quest-for-earths-sustainable-future/. Archived from the original on 2024-01-11. {{cite web}}: Missing or empty |title= (help)
  9. https://web.archive.org/web/20240906182558/https://www.seaisi.org/details/23325?type=news-rooms. Archived from the original on 2024-09-06. {{cite web}}: Missing or empty |title= (help)
  10. https://stegra.com/. {{cite web}}: Missing or empty |title= (help)
  11. 11.0 11.1 11.2 11.3 11.4 11.5 11.6 11.7 https://web.archive.org/web/20230124060539/http://www.h2greensteel.com/articles/green-steel-production. Archived from the original on 2023-01-24. {{cite web}}: Missing or empty |title= (help)
  12. https://web.archive.org/web/20240119062340/https://www.aist.org/news/steel-news/2023/july/3-7-july/h2-green-steel-secures-eur1-5-billion-supply-agree. Archived from the original on 2024-01-19. {{cite web}}: Missing or empty |title= (help)
  13. https://web.archive.org/web/20230601061805/https://globalenergyinfrastructure.com/news/2023/04-april/spm-and-h2-green-steel-sign-5-year-supply-agreement-for-green-steel/. Archived from the original on 2023-06-01. {{cite web}}: Missing or empty |title= (help)
  14. 14.0 14.1 14.2 14.3 14.4 14.5 14.6 14.7 https://web.archive.org/web/20221122221847/https://www.sms-group.com/en-us/plants/projects/h2-green-steel. Archived from the original on 2022-11-22. {{cite web}}: Missing or empty |title= (help)
  15. 15.0 15.1 15.2 (PDF) https://www.midrex.com/wp-content/uploads/Midrex-Plants-Sheet2022.pdf. {{cite web}}: Missing or empty |title= (help)
  16. 16.0 16.1 16.2 16.3 16.4 16.5 https://web.archive.org/web/20221011095225/https://www.h2greensteel.com/latestnews/h2-green-steel-partners-with-midrex-for-technology-and-kobe-steel-for-equity-investment. Archived from the original on 2022-10-11. {{cite web}}: Missing or empty |title= (help)
  17. 17.0 17.1 17.2 17.3 17.4 17.5 (PDF) https://www.midrex.com/wp-content/uploads/Midrex-Plants-Sheet-2024rev2.pdf. {{cite web}}: Missing or empty |title= (help)
  18. 18.0 18.1 https://web.archive.org/web/20220826193640/https://hydrogen-central.com/h2-green-steel-breaks-ground-boden-industrial-park-hydrogen-production-facility/. Archived from the original on 2022-08-26. {{cite web}}: Missing or empty |title= (help)
  19. https://stegra.com/news-and-stories/h2-green-steel-partners-with-midrex-for-technology-and-kobe-steel-for-equity-investment. {{cite web}}: Missing or empty |title= (help)
  20. 20.0 20.1 https://stegra.com/the-boden-plant. {{cite web}}: Missing or empty |title= (help)
  21. 21.0 21.1 https://web.archive.org/web/20221220143042/https://www.h2greensteel.com/articles/on-course-for-large-scale-production-from-2025. Archived from the original on 2022-12-20. {{cite web}}: Missing or empty |title= (help)

Resources